The European Central Bank also raised interest rates Small business Information | Malayalam News

Frankfurt: Subsequent the US Federal Reserve, the European Central Lender has elevated curiosity prices. The final decision is aimed at cutting down the inflation charge. The final decision applies to 19 international locations whose currency is the euro. The level has been elevated by .33%. This is the first time because the establishment of the European Central Financial institution in 1999 that these types of development has happened. Desire prices commonly enhance by .25% every single.